How much does a Payroll Manager make?
A Payroll Manager plays a key role in ensuring that employees receive their pay on time. They handle all aspects of payroll, from calculating wages to distributing paychecks. This important job comes with a rewarding salary. On average, Payroll Managers earn about $95,870 per year. This figure can vary based on experience, location, and industry.
Payroll Managers can expect to see different salary levels depending on their career stage. Entry-level managers might start around $48,850. With a few years of experience, this can rise to about $70,996. Those with more experience, often in senior roles, can earn upwards of $126,362. The highest earners in this field can make over $170,000 annually. These figures show that there is good potential for growth in this career.
What are the highest paying cities for a Payroll Manager?
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San Francisco, CA
Average Salary: $120,160
In San Francisco, payroll professionals often work with tech giants like Google and Salesforce. The city's dynamic economy offers many opportunities for growth and advancement. The competitive salary reflects the high cost of living.
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Seattle, WA
Average Salary: $119,103
Seattle is home to major companies like Amazon and Microsoft. Working here, payroll managers can expect a collaborative work environment. The city's vibrant culture and tech-focused economy make it an attractive place to work.
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San Jose, CA
Average Salary: $118,672
San Jose, the heart of Silicon Valley, offers numerous opportunities for payroll managers. Companies like Apple and Cisco are prominent. The tech-driven economy provides a stable and rewarding career path.
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Dallas, TX
Average Salary: $114,021
Dallas boasts a strong economy with companies like AT&T and ExxonMobil. Payroll managers here enjoy a mix of corporate and entrepreneurial environments. The city's growth offers many career opportunities.
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Baltimore, MD
Average Salary: $113,253
Baltimore offers a mix of industries, including healthcare and finance. Working here, payroll managers can find stability and growth. The city's unique culture adds to the professional experience.
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Washington, DC
Average Salary: $111,930
In Washington, DC, payroll managers often work with government agencies and large corporations. The city's political environment offers unique opportunities. The competitive salary reflects the high cost of living.
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Atlanta, GA
Average Salary: $111,605
Atlanta is a hub for logistics and technology. Companies like Coca-Cola and Delta Airlines offer diverse opportunities. The city's growth and diverse economy make it an attractive place to work.
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Detroit, MI
Average Salary: $108,441
Detroit is known for its automotive industry. Working here, payroll managers can find stability and growth. Companies like Ford and General Motors offer strong career paths.
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Tampa, FL
Average Salary: $107,657
Tampa offers a mix of industries, including healthcare and tourism. The city's warm climate and growing economy make it an attractive place to work. Payroll managers can find many opportunities here.
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Chicago, IL
Average Salary: $106,242
Chicago is a major financial hub with companies like JPMorgan Chase and Allstate. Working here, payroll managers can expect a dynamic and challenging environment. The city's vibrant culture adds to the professional experience.
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What are the best companies a Payroll Manager can work for?
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Deloitte
Average Salary: $185,900
Deloitte offers competitive salaries for Payroll Managers. They work in various locations, including major cities across the U.S. Deloitte provides a dynamic work environment with opportunities for growth.
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PwC
Average Salary: $163,797
PwC is known for its strong compensation packages for Payroll Managers. They operate in many cities worldwide. PwC offers a collaborative atmosphere and chances for professional development.
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KPMG
Average Salary: $156,591
KPMG provides attractive salaries for Payroll Managers. They have offices in numerous countries. KPMG emphasizes teamwork and offers various career advancement opportunities.
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Ford Agency
Average Salary: $125,000
Ford Agency offers a good salary for Payroll Managers. They are located in key cities across the U.S. Ford Agency values employee well-being and offers a supportive work environment.
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FedEx
Average Salary: $107,596
FedEx provides a solid salary for Payroll Managers. They have locations in many cities worldwide. FedEx offers a fast-paced environment with many opportunities for career growth.
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Robert Half
Average Salary: $104,382
Robert Half offers competitive pay for Payroll Managers. They operate in numerous cities across the U.S. Robert Half provides a flexible work environment and various career paths.
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Swire Coca-Cola
Average Salary: $103,073
Swire Coca-Cola offers a good salary for Payroll Managers. They have locations in various cities worldwide. Swire Coca-Cola values teamwork and offers a stable work environment.
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Vaco
Average Salary: $96,597
Vaco provides a decent salary for Payroll Managers. They operate in many cities across the U.S. Vaco offers a supportive work environment and various career opportunities.
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Creative Financial Staffing
Average Salary: $92,400
Creative Financial Staffing offers a good salary for Payroll Managers. They are located in key cities across the U.S. They provide a collaborative work environment and opportunities for professional growth.
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R Wireless Verizon Wireless Premium Retailer
Average Salary: $71,769
R Wireless Verizon Wireless Premium Retailer offers a competitive salary for Payroll Managers. They have locations in many cities across the U.S. They provide a supportive work environment and opportunities for career advancement.
How to earn more as a Payroll Manager?
A Payroll Manager plays a crucial role in ensuring that employees receive their wages on time and accurately. This role can be quite rewarding, both financially and professionally. To maximize earnings in this position, consider these key factors:
- Experience: Gaining more experience can lead to higher pay. Employers often value seasoned professionals who understand the complexities of payroll management.
- Certifications: Obtaining relevant certifications can boost earning potential. Certifications such as Certified Payroll Professional (CPP) or Certified Payroll Administrator (CPA) can make a candidate more attractive to employers.
- Location: Pay scales can vary significantly depending on the region. Urban areas or regions with a high cost of living often offer higher salaries.
- Industry: Different industries have different pay standards. Working in sectors like finance, technology, or healthcare can offer higher salaries compared to others.
- Performance: Demonstrating excellent performance can lead to raises and bonuses. Consistently meeting or exceeding expectations can set a Payroll Manager apart.
By focusing on these factors, Payroll Managers can enhance their career prospects and increase their earning potential. Building experience, gaining certifications, and excelling in performance can all contribute to a more lucrative career in payroll management.
